AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Illinois Casualty Company (ICC). Concurrently, AM Best has upgraded the Long-Term ICR to “bbb-” (Good) from “bb+” (Good) of ICC Holdings, Inc. (ICCH) [NASDAQ: ICCH], the publicly traded holding company that owns 100% of ICC. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Rock Island, IL.
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